Ichimoku Fanatic

Ichimoku Kinko Hyo (IKH) is an indicator that gauges future price momentum and determines future areas of support and resistance. Now that’s 3-in-1 for y’all! Also know that this indicator is mainly used on JPY pairs.

The Ichimoku EA offers you all these possibilities. Additional confirmation comes from relative position of latest Chikou span level and Kumo at that time. Ichimoku not only uses the cloud to define support and resistance but it also uses the Kijun, Tenkan and Chikou lines that are very similar to moving averages and can help to provide bullish or bearish forward indicators. As mentioned above, these two indicators act as a moving average crossover, with the Tenkan representing a short-term moving average and the Kijun acting as the baseline. If it works, the pro version will also work.

Market News Headlines

Mar 03,  · CS_breaks_cloud - Chikou Span breaks Ichimoku cloud (for a Buy position, Chikou Span line is below Ichimoku cloud on the same bar, while for a Sell one, it is above the cloud). Timeframe for the Ichimoku indicator in the strategies is similar to the one the EA is launched seat1500.tking System: Windows.

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